eesti keeles

Press Releases
Open in print mode

The state visit of the President of the Republic to Luxembourg continues

President Arnold Rüütel and Mrs Ingrid Rüütel this morning continued their state visit to the Grand Duchy of Luxembourg that had begun yesterday. In the morning, the President of the Republic in his opening address at the Estonian-Luxembourgian Business Forum stressed that the basis of rapid success in Estonia and the whole of our region was integration with global economy, and equally our successful economic reforms, stable legislation, firm currency system, advanced banking and services. According to the President, today, in order to shape a dynamic economy and balanced society, we were able to capitalize on the experience of the entire European Union.

The President of the Republic in his speech also mentioned a technology cooperation agreement the Enterprise Estonia is going to conclude with its Luxembourgian partners. In President's estimation, this cooperation agreement would be a cornerstone of exchanging knowledge and information, as well as of joint projects, which definitely would contribute to the development of economic relations between the two countries and strengthen Estonia's clout in Europe's common market.

Mr Joseph Kinsch, Chairman of Luxembourg's Chamber of Commerce, asked in his speech why were so many Luxembourgian businessmen interested in establishing business contacts with Estonia. He explained it with Estonia’s good economic indicators, like for instance rapid growth in GDP, and Estonia joining the European Union before long. Mr Kinsch congratulated Estonia on its good economic indicators and found that they encouraged to establish business relations with Estonia.

Next, President Rüütel will visit the exhibition "The Family of Man" at the Chāteau de Clervaux created by photographer Edward J. Steichen. The exhibition consists of five hundred photos by different photographers emphasizing the need for mutual understanding between people.

Office of the President
Kadriorg, May 6, 2003

© 2006 Office of the President l tel: + 372 631 6202 l fax: + 372 631 6250 l